Buying a property in a neighbourhood that is in the early stages of such a process is generally considered one of the best ways to build equity in terms of real estate investments. The media constantly runs stories along these lines. Unfortunately however, they couldn't possibly be further from the truth.

In this exclusive excerpt for HuffPost from Richard Florida's new book, the author reveals that scientists and engineers, architects and designers, artists and entertainers and the growing ranks of professional knowledge workers -- what he labels as The Creative Class" -- now number more than five million in Canada, or roughly 30 per cent of the workforce. So where do they live?